Geode Capital Management Portfolio holdings
Geode Capital Management, founded in 2001 and based in Boston, Massachusetts, is a prominent institutional asset management firm known for its expertise in low-cost, systematic index investing. Originally established to manage internal index funds for Fidelity Investments, Geode became an independent entity while retaining a close relationship with Fidelity, focusing on passive investment strategies that track major market indices. The firm oversees hundreds of billions in assets, offering a range of mutual funds and separately managed accounts primarily for institutional clients, such as pension funds and endowments, with an emphasis on minimizing costs and maximizing efficiency. Geode’s disciplined, quantitative approach and avoidance of active management have made it a key player in the rise of index-based investing.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$1.76B |
| 2 |
ExxonMobil
XOM
|
+$1.36B |
| 3 |
Apple
AAPL
|
+$1.05B |
| 4 |
Amazon
AMZN
|
+$1.02B |
| 5 |
NVIDIA
NVDA
|
+$972M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
PXD
Pioneer Natural Resource Co.
PXD
|
+$1.24B |
| 2 |
GE Aerospace
GE
|
+$718M |
| 3 |
Broadcom
AVGO
|
+$437M |
| 4 |
Apollo Global Management
APO
|
+$275M |
| 5 |
Super Micro Computer
SMCI
|
+$254M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 31.88% |
| 2 | Financials | 12.28% |
| 3 | Healthcare | 11.67% |
| 4 | Consumer Discretionary | 10.22% |
| 5 | Communication Services | 8.68% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
PGRE
1926
DELISTED
Paramount Group
PGRE
| $20.1M | ﹤0.01% |
4,350,111
+172,314
| +4% | +$799K |
|
1927
InMode
INMD
$880M
| $20M | ﹤0.01% |
1,095,669
+103,269
| +10% | +$1.9M |
|
1928
Interface
TILE
$2.22B
| $20M | ﹤0.01% |
1,360,045
+69,440
| +5% | +$1.08M |
|
|
SLNO
1929
DELISTED
Soleno Therapeutics
SLNO
| $20M | ﹤0.01% |
489,107
+322,086
| +193% | +$13.6M |
|
|
LGF.B
1930
DELISTED
Lions Gate Entertainment Corp. Class B Non-Voting Shares
LGF.B
| $19.9M | ﹤0.01% |
2,324,001
+147,472
| +7% | +$1.32M |
|
1931
Perella Weinberg Partners
PWP
$1.3B
| $19.9M | ﹤0.01% |
1,223,319
+275,156
| +29% | +$4.15M |
|
1932
Bank of N.T. Butterfield & Son
NTB
$2.45B
| $19.9M | ﹤0.01% |
566,116
+9,236
| +2% | +$309K |
|
|
BDN
1933
Brandywine Realty Trust
BDN
$554M
| $19.9M | ﹤0.01% |
4,435,962
+148,522
| +3% | +$677K |
|
1934
Digi International
DGII
$3.1B
| $19.8M | ﹤0.01% |
863,051
+65,887
| +8% | +$1.77M |
|
1935
AMERISAFE
AMSF
$540M
| $19.6M | ﹤0.01% |
447,373
+23,667
| +6% | +$1.09M |
|
|
RWT
1936
Redwood Trust
RWT
$594M
| $19.6M | ﹤0.01% |
3,012,994
+137,089
| +5% | +$852K |
|
1937
Ceco Environmental
CECO
$4.14B
| $19.6M | ﹤0.01% |
677,630
+11,863
| +2% | +$287K |
|
1938
Coursera
COUR
$1.54B
| $19.5M | ﹤0.01% |
2,723,903
+141,759
| +5% | +$1.35M |
|
1939
Vir Biotechnology
VIR
$1.49B
| $19.4M | ﹤0.01% |
2,183,628
+234,439
| +12% | +$2.25M |
|
1940
XPEL
XPEL
$1.38B
| $19.4M | ﹤0.01% |
546,354
+46,131
| +9% | +$1.99M |
|
1941
Brown-Forman Class A
BF.A
$13.3B
| $19.4M | ﹤0.01% |
439,272
-2,746
| -0.6% | -$131K |
|
1942
PubMatic
PUBM
$810M
| $19.4M | ﹤0.01% |
953,930
+7,518
| +0.8% | +$168K |
|
1943
NextDecade
NEXT
$1.78B
| $19.3M | ﹤0.01% |
2,426,300
+596,593
| +33% | +$4.11M |
|
1944
Unitil
UTL
$980M
| $19.2M | ﹤0.01% |
370,334
+18,047
| +5% | +$928K |
|
1945
DHT Holdings
DHT
$3.02B
| $19.2M | ﹤0.01% |
1,657,222
+91,648
| +6% | +$1.08M |
|
1946
Monro
MNRO
$398M
| $19.2M | ﹤0.01% |
802,830
+51,768
| +7% | +$1.38M |
|
1947
SFL Corp
SFL
$1.61B
| $19.1M | ﹤0.01% |
1,375,592
+66,394
| +5% | +$899K |
|
1948
Reddit
RDDT
$31.1B
| $19.1M | ﹤0.01% |
+298,581
| New | +$15.7M |
|
|
UDMY
1949
DELISTED
Udemy
UDMY
| $19.1M | ﹤0.01% |
2,210,896
+113,843
| +5% | +$1.08M |
|
1950
MiMedx Group
MDXG
$633M
| $19.1M | ﹤0.01% |
2,750,104
+129,138
| +5% | +$908K |
|
Similar funds
Geode Capital Management's Q2 2024 Portfolio in Review
As of Q2 2024, Geode Capital Management held 4,723 positions worth $1.14T, up 5.4% from $1.08T the previous quarter. Its ten largest holdings account for 31% of the portfolio.
Geode Capital Management's Q2 2024 filing shows 114 new, 3,571 increased, 603 reduced and 134 closed positions. Its largest new stake was GE Vernova: 5,513,744 shares worth $943M. The largest sale was Pioneer Natural Resource Co., an estimated $1.24B.
By sector, the portfolio is most concentrated in Technology at 32% of assets, up from 29% a quarter earlier, followed by Financials and Healthcare.
- Geode Capital Management's largest Q2 2024 buy was GE Vernova: 5,513,744 shares worth $943M.
- Geode Capital Management added most to Microsoft in Q2 2024, an estimated $1.76B increase.
- Geode Capital Management's biggest Q2 2024 reduction was GE Aerospace, cutting an estimated $718M.
- Geode Capital Management fully exited Pioneer Natural Resource Co. in Q2 2024, selling an estimated $1.24B.
- Geode Capital Management's ten largest holdings make up 31% of its $1.14T portfolio in Q2 2024.
- Geode Capital Management opened 114 new positions and closed 134 in Q2 2024.
- Geode Capital Management's portfolio value rose 5.4% quarter-over-quarter to $1.14T.
Based on Geode Capital Management's 13F filing for Q2 2024, filed 9 Aug 2024.